Morgan Stanley: forecasts, analytics, ratings, reviews and addresses

Morgan Stanley is the world's largest bank. It was founded by Henry Morgan in 1939, and in 2008 it was renamed into a commercial bank. Its main activities are operations with corporate securities, asset management, consumer lending (through the Discovery Card division). Offices and subsidiaries are represented in 42 countries, including Russia.

Prehistory

In 1932, the Glas-Stiglaw Act came into force in the US, banning banks from investing. As a result, JP Morgan & Co. It was necessary to reorganize and create an institution dealing exclusively with investment activities. So, September 16, 1935 appeared in the US Bank Morgan Stanley.

Achievements

Over the years, the organization has developed not only investment activities, but also other areas:

• In 1964, MS created a model for the analysis of financial markets.
• In 1967, the bank opened its first branch in Paris. In the same year, a buyout of Brooks Harvey & Co. was made. Inc., which allowed the financial institution to enter the real estate market.
• Since 1971, the bank has started work with the field of exchange trade and in 15 years has placed its own shares in the primary market.
• In 1997 there was a merger with Dean Witter Discover, which was engaged in issuing bank cards and providing brokerage services. Subsequently, the credit institution used these payment instruments to provide consumer loans. But in December 2006, Morgan Stanley Bank announced the withdrawal of the Discovery Card to a separate company.

Financial crisis of 2008

Morgan Stanley is one of the affected institutions from the 2008 crisis . Investments in hedge funds for 2 weeks brought $ 128.1 billion of losses. Then, to avoid bankruptcy, the bank was helped by a loan from the Federal Reserve in the amount of $ 107.3 billion. In September of the same year, the Japanese bank Mitsubishi UF J Finance bought 21% of Morgan Stanley shares.

On September 22, 2008, it was announced that MS would become a traditional banking corporation regulated by the Federal Reserve. In January 2009, the American bank Morgan Stanley together with Citigroup engaged in the organization of MSSB, a large capital management company. The greater part of the shares (51%), as well as the option with the right to purchase the remaining stake, belongs to MS.

Morgan Stanley: Forecast for RZB

Bank MS compiled a list of companies whose corporate rights suffered as a result of the UK's withdrawal from the EU. This decision caused a collapse in stock markets around the world. June 24, investors began to panic to sell their corporate rights, transferring investments in more secure assets. According to preliminary estimates, world markets lost $ 3 trillion.

Analysts have compiled a list of organizations whose shares have fallen in price by almost three times undeservedly. It includes 28 companies, including large industrial enterprises from different sectors of the economy, whose activities are practically not affected by the European market.

For example, corporate rights Alphabet, owning Google, fell in price by 4% ($ 685.2). According to analysts' forecasts, the market price for the shares could grow up to $ 856 per share by promoting the advertising business and preserving the benefits of Google, to which even the voting results in the World Bank will not be affected. Similar forecasts are presented for Amazon.com and Apple, whose shares declined by 4.2 and 2.8% respectively. In the long term, the price could rise to $ 800 and $ 120 per share.

As for the decline in prices for corporate rights of the automaker Ferrari, according to analysts' forecasts, the decline will be compensated by high volumes of exports outside the Euro zone. The list also hit the manufacturer of candy Starbucks. But for this company, "Bank Morgan Stanley" gives a positive outlook. Profit from sales in the UK market was only 3% of total revenue. Therefore, the depreciation of the pound will not affect the financial results of the company.

However, the decline in prices for corporate rights of global IT giants is an excellent opportunity for investors to purchase liquid securities at an attractive price. Those who want to invest for a longer-term perspective can acquire the corporate rights of credit institutions. When the situation stabilizes, the shares of Morgan Stanley and Bank of America will grow in price.

It is undesirable to acquire corporate rights of US utilities. In this investment, it makes sense only against the background of market volatility. They already show a high level of overbought, and there is practically no growth potential.

Business liquidation

In 2015, the US bank agreed on the sale of units of Global Oil Merchanting to the trading house Castleton CI LLC. Details of the deal are not disclosed. It is known only that the price was in the range of 1-1.5 billion $. Participants still have to get permission from the US and EU regulators. Previous attempts of the financial institution to sell the asset were broken. In particular, the transaction with Rosneft failed.

Morgan Stanley Bank (Moscow)

Morgan Stanley has been operating in the domestic market since 1994 in such areas as investment consulting, underwriting (placement of shares in Lukoil, Gazprom, AFK, Pyaterochka, Rosneft, Evraz, etc.). , Development, provision of mortgage. In 2006, the American bank even participated in the organization of the City Mortgage Bank, but after a year and a half put up assets for sale.

The Russian LLC Morgan Stanley Bank was registered in mid-2005. More than half of the assets (68%) belong to non-residents. The organization is aimed at working with legal entities. The bank does not accept deposits of individuals, but it shows a large turnover in correspondent accounts, which, in turn, is reflected in high business activity indicators.

Areas of work

Morgan Stanley Bank operates through its subsidiaries and branches around the world, providing clients with a range of financial services, in particular:

• Corporate rights management: increase in capitalization (publication of shares, underwriter), consulting (on mergers and acquisitions, restructuring, project financing), exchange activities, risk management, investment activities.
• Providing brokerage services and investment advice to private investors.
• Asset management of institutional and private individuals, operations with the Central Bank with a fixed income.

Analytics

In early 2016, the US bank sharply worsened the outlook for the ruble. According to preliminary data, the dollar rate in the first quarter of 2016 was to be 82 rubles, in the second - 83 rubles, and in the third - 85 rubles. But with the increase in world oil prices, Morgan Stanley's forecast for the ruble in July was changed for the better. According to estimates of analysts for 2016, the country's GDP will decrease by only 0.6%. This is due to the fact that the country's economy showed zero growth rate in the third quarter, and already in the fourth quarter it will increase. Two cuts in the refinancing rate are expected to reach 9.5% by the end of this year.

Activities in the Russian Federation

The only office of the bank "Morgan Stanley" is located in Moscow. He has the licenses of a professional participant of the securities market, permission to conduct banking operations, dealer, brokerage and depositary activities. At the end of 2015, the bank's assets amounted to 20.89 billion rubles, and own capital - 4.59 billion rubles.

The main achievements in the work of the bank:

• 1996: placement of Gazprom shares on foreign exchanges ($ 429 million).
• 2002: the bank participates in the issue of shares of Lukoil in the amount of $ 350 million.
• 2003:
  - the financial sector participates in the largest acquisition of TNK, BP and Sidanko ($ 6.75 bln);
  - the financial institution provides the largest loan to Gazprom for $ 1.75 billion;
  - The bank participates in the process of selling Telnor 100% of the shares of Kombelga.
• 2005: Morgan Saenli Bank acts as the main underwriter of AFK Sistema in the initial offering of shares worth $ 1.55 billion; "Pyaterochki" - $ 598 million; "Evraza" - 422 million dollars.